Equity Residential (EQR)
Equity Residential Tangible Common Equity Ratio: 35.31%
View EQR Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
EQR Tangible Common Equity Ratio Rankings
| Overall | 51st percentile | 2138 of 4385 |
| Sector | 24th percentile | 659 of 870 in Financial |
| Industry | 43rd percentile | 14 of 25 in REIT - Residential |
EQR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 28.94% | Sep 2010 |
| Maximum | 35.89% | Sep 2011 |
| Average | 31.62% |
About Tangible Common Equity Ratio
The tangible common equity (TCE) ratio is a useful number to gauge leverage of a financial firm. Specifically, it answers the question: "How much can the value of a bank's assets fall before the entire value of tangible* common equity is wiped out?"
For example, assume a bank as a TCE ratio of 5%. If the value of all of the banks assets fell by 5%, theoretically stockholders would no longer have a claim on the bank's tangible assets.
Another way of thinking about the TCE ratio of 5% is that the remaining 95% of the bank's tangible assets have been purchased using loaned funds that the bank must repay.
This ratio is worth spending time with. Once investors understand its implications, they rarely look at banking businesses the same way.
* The word tangible, in accounting, essentially means anything that can be touched or traded. Cash, buildings, accounts receivable, inventories and stock holdings of a business are all tangible assets. Trade secrets, patents, copyrights, and goodwill are not tangible assets, even though they may have value.
Learn More
You may also be interested in these EQR related companies
EQR News
May 25, 10:45AM Street Insider
May 25, 10:27AM Street Insider
May 25, 6:15AM Street Insider
about 22 days ago by MACDaddy
about 22 days ago by ETFInvestmentReport
about 22 days ago by StockTiger
about 22 days ago by TheEquitiesRoom
about 23 days ago by TodayTrader
Apr 26, 9:00PM Seeking Alpha
Apr 18, 6:24PM Business Wire
about 43 days ago by gtlackey
about 57 days ago by TraderFoxxx
about 60 days ago by sssc
about 60 days ago by ivanhoff
about 71 days ago by Trade2work
about 71 days ago by Trade2work
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EQR | 62.41 | +0.77 | +1.25% | 18.51B |
| EQIX | 161.89 | +3.97 | +2.51% | 7.369B |
| EPV | 45.20 | -0.32 | -0.70% | |
| EPS | 46.01 | -0.08 | -0.18% | |
| EPR | 42.33 | +0.21 | +0.50% | 1.965B |
| GIB | 20.37 | +0.19 | +0.94% | 4.543B |
| GHM | 18.45 | +0.21 | +1.15% | 180.76M |
| GHL | 34.40 | +0.15 | +0.44% | 996.68M |
| GHDX | 34.88 | +0.32 | +0.93% | 1.036B |
| GGT | 6.72 | +0.08 | +1.20% |